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the asia- pacific region. i would like to be providing strategic context. after a decade of necessary intense preoccupation on two wars of a particular kind in iraq in afghanistan, one that finished and one that will wind down to an enduring presence over the next two years, we are turning a strategic corner. we are turning our attention on the challenges and opportunities that will define our future. we know that many -- what many of these challenges are, continued turmoil in the middle east, in during threats like weapons of mass destruction, and a range of new threats and new domains like cyber. we also see great opportunities. the most consequential of which is to shift the great weight of the department of defense, both intellectual and physical, to the asia pacific region to reinforce the long-standing commitments there. the logic of our rebalance is simple, the asia pacific theater has enjoyed peace and for over 60 years. this has been true, despite the fact there is no formal over arching security structure, no nato to make sure historical wounds are healed. during that time,
and international discussion of u.s. and foreign policy in asia. they heard from deputy deafen secretary ashton carter for an hour. [inaudible conversations] [inaudible conversations] good afternoon, everybody thank you for coming. i was unsurprised to see so many people wanting to hear about the future of industrial financing in the defense department. [laughter] i had no idea it was such a popular topic. seriously. i'm lifelong admirer. he was the first who -- i interviewed from a job. i decided i wasn't up to that. but it lead to a lifelong friendship. and our paths have intertwined through the years i'm so grateful now he's willing to stay on. and be the continuous deputy secretary doing a fabulous job. every conversation in washington these days always tsh in our area, always has kind of a central theme. it's the constraint refrain i hear at almost all meetings. a couple of days ago, secretary carter was? jay carter and gave an important speech on the very subject and since very people are here today. we thought it would be safe for him to give the same speech. i think it's probably going
. >> it is concerning. ensure wespects is to have the right mixture for the asia-pacific so we can reassure our allies and our partners and the american people that our interests are protected over there. i think we do have to watch very carefully how the chinese military rises, what they do with the military and how the military is integrated into the environment. >> we were looking at the controversial hanger and beef that he made a statement that maybe should be hardened. agree with your statement. with the resources that we have, i would think that others would say these need to be hard in also. would you address that issue in terms of the scarce resources and the advantages of pardoning those facilities? suit are aware of the against of the resources. it boils down to resiliency. it is a significant strategic hub for us and any scenario that i would see in the asia-pacific for the next number of decades. when you look at resiliency, there are a number of components. is offensive and methods to protect it. then there are things he might do to harden. then there is command and control. we are looki
's military presence grows. the united states is promoting new policies focusing on the asia-pacific region. we report from manila with the details. charmaine deogracias has more. >> reporter: day one of the joint drill started on the island. a total of 8,000 troops are taking part. in addition to military exercises, japan was trailing singapore and three other asia-pacific nations in a maritime simulation. the philippines and china are locked in a territorial dispute over islands in the south china sea. philippine foreign affairs secretary implicitly criticized china for far-reaching territorial claims without specifically naming the country. >> this comes at a crucial time for my country and my region. for our region, excessive and exaggerated maritime and territorial claims have not only created uncertainty but have undermined the rule of law. regional stability has been placed at serious risk. >> reporter: u.s. ambassador harry thomas spoke at event of building bilateral ties. >> persistence from our respective country's army, navy, air force and marine corps have come together to plan
the full extent of organized crime and asia. -- ion asia. >> as the initial shock wears off from the coordinated bomb attack in boston, the focus is now is finding on -- the focus now is responding to who was responsible. we're showing you the live pictures of the crime scene at day after the attack. the fbi has taken the lead in the investigation in what is being considered a criminal inquiry at the moment. taking you live now to boston to join ike turner. bring us up-to-date with the latest on the investigation. >> plenty of moving parts. the latest we know is officials have raided a house in boston, about 15 minutes from where we are now in downtown boston. and they have courted that off. they are acting on a search warrant apparently. we have seen pictures of police entering the home and removing some things. the word on whose home it is or what they have removed from the area. the other area they're concentrating on is boylston street where the attacks happened. everything they're a part of a huge crime scene. a lot of officials there. a lot of bags and backpacks and equipme
on the west coast. immigrants coming from asia were examined as well. next slide. thank you. and so the idea was to have a labour force that was helping, that wasn't robust, that would be disciplined there would be an ability to discipline this labour force for the benefit of the united states. sayingas an immigrant translated into many languages -- america bacchants, but americans repel. even as the united states craved foreign-born labor for factories and mines, nativists actively made newcomers feel unwelcome. opponents for immigration field job competition for american workers, but they were concerned that culturally and even biologically the newcomers could not become integrated into the american population. the concern was undergirded by eugenics, the science of the perfectibility of humankind, and on that scale, the newcomers were decidedly in an inferior position. once this allows the just -- want physiologist where the to sayng -- it is fair the blood now being injected into the veins of our people is some common. 21 accustomed to the aspect of a normal american population, the cali
performance in asia slip. if i look at the pipeline and the business out there, we have a very, very solid business also in asia pacific. >> and european stocks are higher this morning, despite wall street being on track to post its worst in a year. the jab niece finance minister is insisting his counterpart wholeheartedly back japan's stimulus. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> welcome to "worldwide exchange" this morning. we will bring you the latest business news. we are, also, also watching events under way in watertown, miss massachusetts, this morning. you're looking there at footage, watertown, massachusetts, is the site in the wee hours of the morning where there -- where two young men armed with guns and is explosives and what appear to be backpacks were engaged in a violent standoff with police. this is after a shooting on the campus of massachusetts institute of technology in cambridge, massachusetts, just a short drive away. again, we can tell you at least right now, nbc is reporting that the two suspects be
for the north. >>> the friction on the korean peninsula is generating heat across asia. earlier i speak to nhk world's kengo komoato who worked as a correspondent in seoul and watched this kind of crisis unfold before. why are the north koreans being more provocative now? >> authorities in pyongyang are responding to the joint military drill that u.s. and south korean forces began last month. these annual exercises always prompt an anger reaction from the north koreans. but this time, they seem outraged, because the americans used the b-2 stealth bombers, which is unusual. and the u.s. also tested a b-52 strategic bomber. both planes can carry nuclear missiles. north korean officers, officials, are taking this opportunity to build up supporter for young leader jong-un. they resorted to their old tactic of lashing out against an enemy to build support among citizens. in this case, the enemy is the u.s. and of course south korea. the north koreans are also responding to political change across the border. south koreans elected park geun-hye as president. instead of a candidate who takes a softer
to the korean peninsula, we look at the escalating crisis with asia expert richard sullivan. rattling iss saber nothing new, but even china is scrambling for diplomatic solutions. we will pay closer to home for a conversation about what they see as a fallout assault on our children's future. those conversations are coming up right now. >> there is a saying that dr. king had said, there is always the right time to do the right thing. i just try to live my life every day by doing the right thing. we know that we are only about halfway to completely eliminate hunger and we have work to do. walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. tavis: kim jong un inherited the military first policy that seeks to destabilize the region. despite sanctions, north korea continues to develop a nuclear arsenal. the former ambassador to the philippines and asia expert richard solomon is a senior rand is to two. dodge this is a timely issue to look at. the korean war and it with
a bid by the u.s. to enhance its influence in the asia pacific region, where the chinese military is building up its presence. nhk world's mark ho has more. >> reporter: the u.s. government invited the media and local citizens aboard "uss john c. stennis" on wednesday. the aircraft carrier has been docked at singapore since monday. the ship is on its way back to the west coast of the u.s. following a five-month mission in the middle east. the attendees were allowed onto the deck of the 330-meter-long ship. there, they were believed on the deployment of f-18 fighter jets, and helicopters which have sonar to detect underwater crafts. navy officials say the carrier will conduct landing practice of aircraft, and they will maintain contacts with military officials in asia pacific region. >> it is a great pleasure -- >> reporter: u.s. president barack obama met with the singaporean prime minister in washington on tuesday. singapore has agreed to a u.s. plan to deploy cutting-edge combat ships to the country on a rotational basis, beginning as early as this month. obama expressed his app
more on the asia pacific. >> reporter: the aircraft carrier has been docked at singapore since monday. the ship is on its way back to the west coast of the u.s. following a five-month mission in the middle east. the attendees were allowed on to the deck of the 330 meter long ship. there they were briefed on the deployment of fighter jets and helicopters which have sonar to detect underwater crafts. navy officials say the carrier will conduct landing practice of aircraft and maintain contacts with military officials in the asia pacific region. u.s. president barack obama met with the singapore prime minister in washington on tuesday. singapore has agreed to a u.s. plan to deploy cutting edge combat ships to the country on a rotational basis beginning as early as this month. obama expressed his appreciation to the country for allowing the u.s. to use military related facilities. >> i'm very thankful for singapore and its partnership. i'm thankful for the prime minister for his outstanding work. >> singapore is very happy that the u.s. and the obama administration has been putting greate
of the administration is they want to rebalance toward asia, it is in the business literature there is always a conflict or tension between the urgent and the important an there is all of this urgent stuff coming from the middle east i am not saying it is important but there is truly important strategic stuff coming in asia and north america and at home and the challenge for the president is going to be to resist meof t pullf the urgent every kay every day and focus at home and focus in asia and get the balance right, that is what strategy is about. >> rose: we conclude this evening with ali babacan, he is the deputy prime minister of turkey. >> turkey and israel relations are very important for the whole region, because the region itself is going through a historical transformation process, like egypt, tunisia, yemen are trying to change, and also syria is in a very, very difficult situation. >> and the last thi that you would nt to see in the region is the turkish and israel relations getting worse. >> rose: american foreign policy, and turkish foreign policy when we continue. >> funding for charlie r
that we will look at asia and southeast asia although the speakers are welcome to refer to a broader region and that if they like. but the imet funds have been primarily targeted to the allies in the philippines and thailand between 2000 and 2009 they use between one point* 5 million and 2.5 million dollars each also going to other asian countries cambodia, malaysia, laos and vietnam and we don't have imet programs with singapore , per month or myanmar. the way we organize our discussion was to have input from to fantastic experts and people with perspective on this question and it would result in a good discussion, i don't know about a debate with points of view to look at the policy prescriptions first will introduce both speakers then i will start with lieutenant-general craigs and. chip is the secretary of defense for asian pacific affairs and chief operating officer for the united states olympic committee. chip know something about imet in terms of hands-on experience with commanding general of the marine corps forces with the asia-pacific at the central command marine corps whe
at military training in asia. we have provided funds. to speakers are welcome speak to a broader region if they like. primarilyhave been targeted at our facilities in 2009.nd between 2000 and gone to othero countries, mainly cambodia, indonesia, laos, malaysia, and vietnam. we did that happen and the programs with singapore or myanmar or burma. the way we organize our discussion was to have input and two fantastic experts people with perspective. it will result in a good discussion. i do not know about a debate. i think a discussion with points of view is always a good way to suss out some of the policy issues. i will introduce both speakers and then we will start with lieutenant-general chip gregson. chip is assistant secretary of defense for asian-pacific security affairs. before that he served as a cheap operating officer for the united states olympic committee. he knows a little something in terms of hands on experience. he was commanding general of the marine corps in the asia- pacific. over 70,000manage .arines and sailors from 2001-2003 he was commanding general of the marine cor
's a pacific rim book prize in which books come from asia and all over the pacific rim. in the last 11 years it's been a prize we read so many books that have come from voices of new writers. i'm always amazed and they are writing different storers i wrote when i started. all the people have come through now. if you look at the list of indian and japanese authors and chinese authors it's now we are very much diverse. i think for a long time we weren't. i thank you for that question. if i keep going i will never get another question. [laughter]. >> thank you for samurai's garden. i read it had it first came out and it's wonderful to be rereminded. >> thank you. and thank you for coming. you know jump off, i was samurai's garden, i said it was an energizer bunny. danville shoes samurai's garden the end of last year. they had the danville theatre which is a nice theatre and they were doing roamioand juliette and there was me in the middle of a balcony. it was a nice audience when i walked in my brain was exat that timic, look at the people here. it's almost as good as last years. i said who did
there are similarities all of southeast asia. we performed in bali with a group. it's a story from the [inaudible] and so the indian epiics actually the indian epiics for very common in cambodia and bali and thailand and there is a different aesthetic. all southeast asia and asia there are a lot of similarities. >> he is a male entity. he is not -- are you referring to the story? >> it's interesting you should say that. a unique indian concept is one of half male, half female. and that is -- unlike some dances the solo dancer portrays all of the parts in the story. you can portray a feminine aspect and then masculine aspect with the bow and arrow. the male has to portray feminine and the female has to portray masculine. there is a very fierce dance and a soft sort of dance and every dancer has to learn all those aspects. it's very, you know, my teacher i call him a guru in this art form you have to study very, very hard. you have to learn about all the cultural aspects. he says it's liberating because he enjoys and has to learn to bring up the feminine aspect. he's a strong character it's a challenge f
development bank predicts that economic growth in the asia pacific region will pick up in 2013. but the bank also points to some factors that it says could threaten the region's economic stability. the edb forecasts that the economy in asia pacific will expand 6.6% this year. that's up 0.5 percentage point from last year, and the first increase in the pace of growth in three years. the bank says the chinese economy will grow 8.2%. that's due to rising domestic demand and recovering exports. it also forecasts that domestic demand and trade in southeast asian countries will continue to grow. but adb economists note that monetary easing in industrialized countries could invite asset bubbles in this region and hurt its economic stability. >> we are actually giving a warning that they have to focus more not to have asset bubbles, rather than saying they already have asset bubbles. >> adb economists also cite other negative factors such as fiscal problems in the u.s., credit worries in europe, and territorial disputes in asia. >>> china's inflation rate is showing signs of easing. consumer prices
japanese stocks do okay. nikkei up better than 1% today. kospi in the green. only red across asia -- this is a european move. we'll continue to follow it for you this morning keeping an eye on those levels and also coming up on the program today, japan's consumer confidence did jump to a fresh six-year high. we'll get you live reaction from tokyo in a moment. and we'll take a closer look at the nature of the attacks at the boston marathon. >>> also after reporting strong numbers in europe, ford is setting its sitghts on china an phil lebeau will give us an inside look with an exclusive interview at 11:40 cet. >>> all eyes on brazil's central bank ahead of the monthly rate decision. economists expect a rate hike as inflation creeps higher and weep previ will watch that. ross westgate will report from st. paul's cathedral. >>> biggest news this morning, china's local government debt is spiraling out of control at least according to one senior chinese auditor talking to ft. he says he stopped signing off on bond sales by local governments and says the situation could spark a crisis b
to adjust their policy in asia-pacific. they introduced the army structure in the second chapter and also the number of soldier, but it's also part of the autobio and they mentioned about the main three roles which are expected to realize by pla. the first one is the defending the sovereignty and security and the territory. and the second one is to guarantee the economic and society development. and the third one is making their contribution to war and peace. but they are always emphasis the world of peace through development. but they also show us the threatening military forces. the keyword is the mobile operation and one other is the strengthening the command and control. so they've already conducted navy exercise long distance around the senkaku islands and also in the west pacific. so we have to keep watching on the real operation even though they are emphasis on peaceful development. >>> japan is not the only country watching as china's military expands in asia. leaders are keenly aware of what's happening in the region, and they're expanding too. they're sending new combat ships to
disputes involving other nations in the asia pacific region. japan is the only country singled out by name. the report says the military must protect china's sovereignty and marine interest. they will develop their ability to carry out mobile operations. chinese warships patrol waters near the senkaku islands on wednesday as part of an exercise. the document is the first defense white paper since president took office last month. he's a security analyst. he gave us his take on where china's military policy is headed. >> it reflects the new leaders idea of course so they change the structure of contents completely. the feature of the paper must be specific. they criticize japan is making trouble on the issue of senkaku islands and also criticizing the united states to adjust their policy in the asia-pacific. they introduced the army structure in the second chapter, and also the number of soldiers, but it's also part of the -- not mentioned about the main three roles which are expected to be realized. the first one is defending the sovereignty and security. the second one is to guarantee the
to think about what is the surviving architect of asia. history in asia, as you know, is unfolding. it's catching up, if you will. not just an economic zone any more. one of the questions then is what happens. do you want, i think the answer is no, south korea and japan to say, we need our own nuclear deterrence. we don't trust the united states. that would be a recipe, potentially, for instability. that kind of a transition. so, what we want to do is be reassuring to our friends and our allies. at the same time, we push back against the north koreans. tom is exactly right. this is about china. if chinese want to stop north korea the guys at the border who oversee the goods going in, can go on leave for a couple of days. the north koreans will get the message and the problem is not the chinese are worried about immigrants. they are worried about unification of korea, which seoul is the capital as part of the american security orbit. >> nuclear weapons and 40,000 troops -- >> one of the interesting diplomatic things we tell the chinese, look, we're prepared to negotiate about that. it d
. >> let me take a second to think here. as a child and teenager, i lived both in europe and asia. in the late 1950s and 1960s. i think the place that impressed me the most is singapore. i recall leaving the u.s., i think it was kennedy, flying on panam. and ending up in singapore. >> it was a boeing plane. >> it was. there was no airbus, my friend. >> those were the good days. [laughter] a you can tell that it needed lot of work. i'm happy to report that a lot of work was done. it looks fantastic when you go today. it is state-of-the-art. now you can board an airplane as singapore happily and travel back. there is a different feeling than you had four years ago. it is we that we need the work. i think there are a lot of challenges that need to be met. i'm also confident that they can be met. if we have the political will. that is a contrast -- the contrast. financialthe global crisis, i think that people around the world, model market economy, so forth, it has gotten a little kicked around based on the financial crisis. how does that change from your perspective our country's abi
) tensions remain high in there are reports that north korea is saying it has "powerful striking means" ready for launch. update news reporter elliot alagueuzian gathers local reaction to the possible fallout to north korea launching missiles. elliot.... at this point u-s intelligence says it does not appear that north korea can launch a missile that will reach the west coast. but san jose state international politcal science experts say that does not reduce the threat. ">>>"the problem is we really don't have a lot of knowledge right now." political science professor sabrina pinnell the biggest threat for the united states is protecting it's allies and the balance of power that currently exists. "our relations with china will be affected. our relations with japan will be affected. japan is coming out of a period where it's now reconsidering nuclear power, but if it has to consider a nuclear north korea it also has to think about weapons." professor pinnell believes it will take a few years for north korea to develop a weapon capable of reaching the united states.... the more imm
presence, naval presence, a trade agreement, perhaps where that can keep asia stable and that is is the center of economic power, that is where our interests deserve it and warrant it and our tools can be relevant and actually do more in north america, if you add up mexico, united states and canada you are talking about 450 million people and tau ago about what could be the super, energy superpower of the world and think about that at that 2.0 and that at that nafta. >> that is a big idea and that is something the united states could focus on .. >> rose: how does the president lead that idea? >> i hope one thing he initiated which is this new u.s. european new trade agreement, why not make canada and mexico part of it and not make it a north america-eu trade agreement, it is hard to say what is made in canada as opposed to in the u.s. because of the so-called supply chains, like probably something that is sold here might be 40 percent of the content comes from mexico, so increasingly we are going to have to think of ourselves as an integrated economic zone but given w
a primary focus. but now we are starting to pay much more of a role in asia. one of the primary areas i travel to is the middle east, but the second mouse is asia. when i took a job, i didn't anticipate that, but it is just the necessity of going to asia, building relationships, interacting with part or as him. the final point, i will add a fourth is early in my tenure were able to get the treaties passed with united kingdom and australia were beginning to see there is used. the broader export control is just now going to be moving items to the state department control lists to the commerce department control lists and that will happen next week for the first two categories and that's a significant accomplishment. they're going to go to raw 18 categories and scrubbed them so that things maintained by the things we really need to protect and deserve the highest level of protection and those that still need to be controlled, but don't need this high level of protection. the categories were looking at to move next week our aircraft and engines and we think the thousands from those two cate
economic growth. that's one of the reasons we dedicated so much anticipation to asia -- attention to asia. we're proud of the role we've played for decades insuring stability and security in the asia-pacific region. when i had one of my, a number of one of my long meetings over ten days if china with president xi because president hu and president obama wanted us to establish a relationship, it was fascinating. today asked about -- they asked about how we view ourselves. we are a pacific power. we are a pacific power. we will remain a pacific power. and he and others acknowledge that the -- our presence, our influence in the region since world war ii is one of the reasons why china has been able, been able to expand economic growth in terms and conditions of stability. the world's economic engine has shifted eastward, and we know that it is in asia with where much of -- where much of the opportunity of the 21st century will be found. economically, asia already accounts for more than one-quarter of the global gdp. over the next five years, the asia-pacific may account for as much as 60% of
with open mic. ok. have got to get closer. we are receiving testimony today on the u.s. forces in the asia-pacific region. , thelcome the admiral commander of the u.s. pacific command. yourommittee appreciate long years of faithful service and the many sacrifices you and your family have made for our nation. we also greatly appreciate it if you would pass along to the men and women with whom you work our admiration for their services as well. particularly busy time for you, admiral, and your staff. we appreciate you joining us today. the commander of the u.s. forces of curry at was testify,y scheduled to but the decision was made to keep it on the korean peninsula at this time. we appreciate the reason for that decision. and histhem well ongoing activities. today's hearing is a timely one because of the events on the korean peninsula. it has intensified as the north korean regime, which is a long- standing international pariah, has elevated its reckless rhetoric in this provocative behavior. any optimism about north korea that might have accompanied the december 2011 death of the longtime
. a pretty good base for a lot of things that go on between asia and europe. be it manufacturing, be it other services, it doesn't just have to be financial services. cyprus can build on the strength of its legal system, which is very much with the strong british influence. it doesn't have to be the russian money. it can be many other services in an area close to asia, close to the middle east where on cyprus, you get an eu supeuropean/briti legal system. which for many providers of services is pretty good. even if many russians leave now, one big reasons for russians to stay on cyprus is once again if a russian brings money to cyprus and then invests it in russia it goes via the legal system of the eu and that helps. russian money is a type of -- not money laundering, but to take advantage of a legal system and that stays in cyprus as part of that. >> which when people talk about is it in cyprus's interest to stay in the eu, this becomes an important part of that. >> absolutely. >> it's one positive potential that could come out of this. we want to get to the market reaction, coming out of t
on? how do you see it going? >> well, what we've seen right now in asia and cimb covers a thousand stocks in asia ex japan including australia, we track every week something called an earnings momentum indicator. across these nine geographies, we saw it last week for the first time in 12 weeks, we saw positive earnings momentum. what that means is more upgrades than downgrades. when we did have downgrades, the downgrades were modest. cimb is a good place to look for this because we have such a big rate of coverage. we are seeing some positive news. that's the first time for ten weeks the. >> we talk about in korea, you saw three upgrades to one downgrade. you've increased your earnings estimate for samsung, as well. what's behind that? >> well, it's interesting. samsung, we got q1 today. we have lg electronics with the results. yesterday we had a couple of other suppliers to lg and samsung with very strong earnings. korea has been a bad motorcycles for the first quart either of this year. it's down about 4%. but korea is beginning to come right in terms of some of the tech operator
? what outside forces sought to transform the northern caucuses and central asia into a region of muslim extremism, which did not exist before? in particular, what impact the saudi arabia play, and other islamist states in sending money and missionaries to the region to build mosques and schools to impact the minds of young people who make up such a large portion of the population in central asia. greater cooperation with russia, and the governments of central asia, should be explored in order to properly understand and respond to this emerging threat. this part of the world is critical to the future of the human race. if it becomes dominated by a radical version of islam, it will change the course of history in a negative way. excuse me. muslims to serve you and progress. the jihadist mindset hates freedom. even as a minority viewpoint, radicals have done great damage throughout the muslim societies, from pakistan to afghanistan, through the caucuses. they've attacked the united states, as well as russia. can i have a glass of water? pardon me. i have a cold today. we have -- we must f
, deliverable nukes, but not ones that could go more than 1,000 miles and reach the united states or south asia. but south korea and u.s. forces there would be in range. and today the north severed a crucial tie with the south, turning away trucks and workers from the kaesong industrial park. a rare joint effort inside north korea that until now had been allowed to continue. in seoul where people tried to shrug off the crisis, there are deep concerns. polls say two-thirds of south koreans want this country to have nuclear weapons. but that would spark an immediate crisis with the north and the risk of nuclear proliferation across asia. secretary of state kerry coming here next week is already sending a message. >> the last thing the world needs is more nuclear nations. >> reporter: but south koreans worry about the new young leader in the north. north korea can't realize its threat to attack the mainland united states with a nuclear weapon, but does have more capacity than u.s. officials like to admit. brian? >> richard engel starting us off again. seoul, south korea. richard, thanks. let's go
's the largest gathering in asia, it brings porters and anyone involved until ship cargo. i understand it was a phenomenally fantastic trip. i would like you to come forward and say a few words. >> peter daily, deputy director of merit time port of san francisco. and i want to give you a brief overview of this trip we returned about a week ago. i'm just now starting to sleep at regular hours. it was a long trip but very fruitful and successful trip but we have a lot to do and going forward. as monique mentioned the main purpose of the trip was to attend a trade so but to increase awareness of the merit time industrial activities especially cargo ship and increase volume of pier 80 in the last few years has been tough for all west coast ports and all of that is being sourced in cargo in china. and talked two possible partners in developing an export bulk facility to try to connect the dots in terms of cargo interest and people with capital investing in the project. i want to that can commissioners adams for attending 10 or 11 days on the road and jim maloney did a fantastic job of orga
that the united states had the highest economic and security interests in the asia pacific region. not in europe as has been for 100 years prior to that, than the asia pacific region. secondly, that we would maintain freedom of access throughout that region. in particular, we would maintain the sea lanes in that area, whatever the challenge might be. even as we reduce our defense budget, therefore we must maintain and would maintain a powerful navy, and that that navy would be charged with maintaining the freedom of those sea lanes. we had, of course, to be concerned as to whether there would be a challenge for that. we observed that the rise and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by mil
100 is up 0.75%, xetra dax up 0.5%. let's get more from asia. sixuan has more for us out of singapore. >> indeed, thank you, ross. it's a largely positive day here boosted by the innation data from china. the country's cpi eased in march amid contraction of producer prices further deep. this may urge beijing to boost confidence sentiment. investors look out for the next batch of key data due out later this week including trade numbers and q1 gdp. financials made us rebound today and developers gained after property giants bankuh reported first quarter sales numbers. the hang seng had its first gain in four days. mean tile, bel international jumped 4.4% today bolstered by its fastest quarterly sales growth in more than four years. moving on to japan, the nikkei took a breather after recent gains boosted by the boj's easing steps ending on a flat note. miners rallied, but property developers gained nearly 20% over the past two sessions with reflationary policy. >>> emphasis where, south korea's kospi masked its six day losing streak, but only ended marginally higher. down under, firmer
of bird flu. this time it's the h5n1 strain that has authorities in southeast asia on the alert. vietnam confirmed its first death from the h5n1 virus in more than a year. a boy died on april 4th. medical staff say the boy develop add fever and other symptoms last month. they have collected samples from his family to test for the virus. the h5n1 strain has also reached cambodia. it has killed eight people there so far this year including six children. the government is eager to prevent new cases. many cambodians travel home at this time. >>> india may be big, but it doesn't have a big soccer of following. it's ranked only 143rd, by fifa. but with the professional soccer league kicking off there seven years ago the sport has been gaining popularity. nhk has more. >> reporter: one japanese player active in the indian professional soccer league. he is 33 and is a strieker. although cricket has been the most popular sport in india, there have been some changes in the last few years. the popularity of soccer has been driving, mainly among young people. after live broadcast of soccer games bec
created a guessing game for people in the asia pacific region and the world. experts are trying to read between the lines and determine if the north's leaders intend to back up their threats with action. one such expert is gordon flake, who's been watching the region for decades and is the executive director of the maureen and mike mansfield foundation in washington. he shared his insight on how the situation has been perceived in washington and the possible u.s. reaction. >> well, the obama administration has a very difficult task. they need to, on the one hand, balance the need to reassure allies in south korea and japan and reassure the publics in those countries as well as the american public, and at the same time avoid falling into a trap where you're buying into the north korean rhetoric and kind of building it up. the threat at this point is more words than actions. and it appears to be a lot of kind of hot air bluster, rhetoric. at the same time you can't ignore it altogether, so the administration has been again, striking, i think a pretty successful balance, less rhetoric, but
'll meet with kishida. and he'll talk about a stronger diplomatic pesance in asia. >>> north korean leader kim jong un has kept people guessing ever since he came to power. for moany he remains a mystery. >> reporter: people outside north korea new little of kim jong un. more than a year later, they're not sure they know much more. he's appeared in orchestrated events, often with the military. he spoke last april at the parade to celebrate would have been the 100th birthday of his grandfather. the nation's founder, kim il sung. >> translator: we need to strengthen our military to make north korea a strong and thriving country. >> reporter: kim moved to switzerland when he was still a boy to attend school. some hoped his experiences abroad would persuade him to move away from the policies of his father, kim jong il. initially he showed a softer side, talking to children across the country. attending a concert that featured disney characters. often with his wife at his side. gradually, though, kim changed his tonement he made it clear that he would maintain the military first policy of his f
. the operator of the clothing store chain after asia's to retailer lifted its net profit forecast to run $920 million in overseas business was up drastically. shares were up 3.1% yesterday and been up nearly 60% year to date. also the bank of japan governor will be giving a speech later today. it's always interesting to hear what he has to say. back to you. >> thanks for that update. >> sales hit a record high in march. japanese passenger cars regained a 15% share of the auto market for the first time in seven months, german makers have the largest share of japan's market along with south korean manufacturers. it gree grew more than 3 percentage points. among foreign makers in china, german firm vs t firms have the. japan and the united states are soon to reach an agreement in their preliminary. japan has already agreed to the u.s. retaining tariffs it imposes on imported from japan for the time being. japan agreed to increase the number of u.s. vehicles it imports only through document screening from the current 2,000 to 5,000. in the insurance sector the u.s. has been expressing concerns ov
to reign in north korea's threats and ambitions. john kerry has been hopscotching across asia in an effort to dial back tensions. andrea mitchell is traveling with the secretary. she has more now from beijing. andrea, good evening. >> reporter: good eek, lester. secretary kerry claims success, but china complained that the u.s. has been too aggressive in confronting pyongyang. in beijing, john kerry tried to persuade china's president xi jinping to lean own his ally north korea, arguing that pyongyang's erratic young leader is threatening the stability of the entire region. >> mr. president, this is obviously a critical time with some very challenging issues. >> reporter: in whirlwind meetings with all of china's top officials, kerry won the commitment to get north korea to abandon its threats and restart nuclear disarmament talks. >> china is firmly committed to upholding peace and stability and advancing denuclearization process on the peninsula. >> reporter: kerry claimed china's promise was unprecedented. >> what we agreed to do is immediately bear down with further discussion at very
. >> myanmar's government is looking to revive the education system, once considered one of the best in asia. wayne hay has this report from and on -- from yangon. >> children's from some of the poorest backgrounds are taught in buddhist monasteries -- children from some of the poorest backgrounds are taught in buddhist monasteries year the classes are led by monks -- monasteries. the classes are led by monks. >> there is no doubt these teachers -- children would have a better future if we had teachers -- >> you don't have to look hard to find cases of children missing out on education. child labor is common. families selling their children to restaurants and tea shops to make money. >> when others are going to school and i don't, i feel sad. i have to collect trash, clean the tables, and serve tea. >> just across the street is a good state school. many families cannot afford the extras like uniforms and books. the government is undertaking a review of its education sector and is already making changes. for years, you never said these were not trusted by the military. -- four years, universi
capabilities in asia if north korea would take a step toward the denuclearization is terrible signal. we could not negotiate with china, or russia or anybody else to reduce the missile defense capabilities. >> eric: that was a concession. he clarified that a bit. why not? can you give an olive branch to kim jong un? >> no, he is never going to give up the north koreans nuclear weapons program. a threat in northeast asia and threat around the world. honestly, we don't know who is running north so, psychoanalyzing the third leader isn't going to get us very far. but i will tell you who is watching it closely as you mentioned are the ayatollahs and tehran. to the extent it look like the united states is slipping back in to the failed effort to negotiate with north korea, they are doing the equivalent of opening champagne in tehran. because it means that the path to negotiation for them giving them more pressure time to perfect their nuclear and ballistic missile program is right there in front of them. >> what is that message to iran? there have been reports that the top iranian officials have be
on the asia pacific region will encourage japan, and other asian nations. >> kerry repeated that message throughout his tour of asia. he reassured his counterpart in seoul that u.s. forces stand ready to defend their allies. kerry delivered another message in beijing, encouraging chinese leaders to use their leverage. >> the united states and china remain fully committed to the september 2005 joint statement of the six-party talks and to its core goal. and that core goal is the verifiable denuclearization of the korean peninsula in a peaceful manner. >> reporter: china accounts for 70% of north korea's trade and meets much of the country's need for oil. china can pressure pyongyang directly by suspending oil exports and by strengthening border inspections. u.s. and chinese diplomats have agreed to meet to discuss the korean crisis. but china's state-run xinhua news agency reported premier li keqiang stopped short of reporting what responses china might take. kerry repeated his goals in meetings with japanese leaders and before a crowd of university students in tokyo. >> the united states
. it says the country has strengthenned it's asia-pacific military alliances and they have expanded in the region and makes the situation tenser. the report first directly to japan regarding the sankaku islands. china and taiwan claim them. the white paper also gives details on military event. it says they carried out exercises in the pacific about ten times since 2007. >> the chinese military must protect our country's sovereignty and marine interests. >> for the first time they revealed a defense person break down. china says they have 2.3 million troops. but it didn't list the number of strategic missile units or armed police. >> no issue of territorial sovereignty exists over the sankaku islands. china's comments and claims are unacceptable. >> he added that the government will protect japan's water, land, and air space. >>> executives of japanese telecom giant softbank said they will go ahead and complete the buyout of the third largest u.s. telecom operator sprint nextel on july 1st. softbank officials made the remark after major u.s. satellite tv company dish network mounted
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